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PSPSPPROJECT

PSP Projects Q3 FY26 results (Oct–Dec 2025) and concall

Construction · Concall AI · Call held 30 Jan 2026

PSP Projects reported a strong Q3 FY26 with record revenue and significant profit growth, driven by robust project execution. The outstanding order book remains healthy, supported by substantial inflows from the Adani Group. While the company revised its FY26 order book target downwards due to project revisions, it maintained its revenue guidance and expressed confidence in achieving future margin targets, despite a one-time impact from new labor code implementation.

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What they filed

Q3 FY26: revenue up 29.0%, net profit up 260.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue586 630 673 518 703 +20%813 +29%
EBITDA38 36 32 25 50 +32%55 +53%
Net profit10 5 6 0 16 +60%18 +260%
How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.